1. Take away possessions, function, power or title
   "The board voted to divest the CEO of his authority";
   - deprive, strip
    
2. Deprive of status or authority
   "he was divested of his rights and his title";
   - disinvest
    
3. Reduce or dispose of; cease to hold (an investment)
   "The company decided to divest"; "the board of trustees divested $20 million in real estate property";
   - disinvest
    
4. Remove (someone's or one's own) clothes
   "She divested herself of her outdoor clothes";
   - strip, undress, disinvest

Derived forms: divests, divesting, divested

Type of: discharge, draw, draw off, free, remove, take, take away, take out, withdraw

Encyclopedia: Divest